61A Due Date, Penalty and How to File
61A (Statement of Financial Transactions (Form 61A)) applies to Private Limited Company, One Person Company (OPC) and LLP. SFT under 285BA by 31 May. Penalty under 271FA Rs 500/day, rising to Rs 1,000/day after notice. Source: cleartax.in/s/form-61a
61A at a glance
- Form
- 61A
- Applies to
- Private Limited Company, One Person Company (OPC) and LLP
- Due date
- 31 May every year
- Category
- Income Tax
- Filing portal
- Income Tax Portal
- CA required
- Recommended (a CA/CS helps)
- Penalty / consequence
- Penalty under 271FA Rs 500/day, rising to Rs 1,000/day after notice.
Dates reflect Indian statute as of mid-2026 and are extension prone (the MCA and CBDT issue circulars). Always confirm with your CA before filing.
When 61A applies, and when you can skip it
The entity undertook a reportable transaction under Rule 114E (e.g. receiving Rs 10 lakh or more for shares issued, share buyback of Rs 10 lakh or more).
If there are no reportable transactions, no SFT is required.
61A: frequently asked
What is the due date of 61A?+
61A (Statement of Financial Transactions (Form 61A)) is due 31 May every year.
Who needs to file 61A?+
61A applies to Private Limited Company, One Person Company (OPC) and LLP. The entity undertook a reportable transaction under Rule 114E (e.g. receiving Rs 10 lakh or more for shares issued, share buyback of Rs 10 lakh or more).
What is the penalty for late 61A?+
Penalty under 271FA Rs 500/day, rising to Rs 1,000/day after notice.
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